# Crypto on T1135

**URL:** <https://www.protaxcommunity.com/t/crypto-on-t1135/10691>\
**Category:** Tax Topics\
**Created:** [April 24, 2025, 8:08pm UTC](https://www.protaxcommunity.com/t/crypto-on-t1135/10691 "2025-04-24T20:08:34Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![dongminkun](https://avatars.discourse-cdn.com/v4/letter/d/ee59a6/32.png) [@dongminkun](https://www.protaxcommunity.com/u/dongminkun)\
**Post date:** [April 24, 2025, 8:08pm UTC](https://www.protaxcommunity.com/t/crypto-on-t1135/10691/1 "2025-04-24T20:08:34Z")

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A client provided a ye statement showing each coin’s market value and original cost. I report crypto under funds but funds doesn’t have a cost basis but market value only. How do you guys complete T1135 for crypto?

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**Author:** ![tedlemcpa](https://sea2.discourse-cdn.com/flex016/user_avatar/www.protaxcommunity.com/tedlemcpa/32/3761_2.png) [@tedlemcpa](https://www.protaxcommunity.com/u/tedlemcpa)\
**Post date:** [April 24, 2025, 8:28pm UTC](https://www.protaxcommunity.com/t/crypto-on-t1135/10691/2 "2025-04-24T20:28:12Z")

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Find the date he acquited the coins and mulitiply the price x volume.  
Why are you using a T1135 for foregin income? Mm.

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**Author:** ![dongminkun](https://avatars.discourse-cdn.com/v4/letter/d/ee59a6/32.png) [@dongminkun](https://www.protaxcommunity.com/u/dongminkun)\
**Post date:** [April 24, 2025, 11:38pm UTC](https://www.protaxcommunity.com/t/crypto-on-t1135/10691/3 "2025-04-24T23:38:41Z")

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It’s crypto (likely foreign asset) not foreign income